Price of Resale Flat in Capital Climbs to HUF 933,000/sqm
The average price of a resale flat in Budapest rose 12% year-on-year to HUF 933,000 per square meter in the first quarter, data released by the Central Statistical Office (KSH) show.
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The average price of a resale flat in Budapest rose 12% year-on-year to HUF 933,000 per square meter in the first quarter, data released by the Central Statistical Office (KSH) show.
Spending on research and development in Hungary approached HUF 887 billion in 2022, data compiled by the Central Statistical Office (KSH) shows.
Home rental rates in Hungary rose 13.7% year-on-year in June, slowing after a 15.6% increase in May, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.
Although the rate of inflation continued to slow in June, it remained above 20%. According to analysts, disinflation will accelerate significantly during the summer, and inflation will be in the single-digits territory by the end of the year. Industry and retail sales are yet to rebound.
The overpopulation of the agglomeration around Budapest is far from over, according to the latest data from the Central Statistical Office.